Economic Archive

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  PROMOTING THE PARTICIPATION OF SMEs IN DUAL TRAINING IN THE CONTEXT OF REGIONAL DISPARITIES IN BULGARIA

  The aim of the paper is to make recommendations for the development of the dual system in Bulgaria in terms of increasing the participation of SMEs and taking into account the regional specificities of the educational structure of the population and youth unemployment. Financial incentives, a large-scale information campaign and visibility of ... The aim of the paper is to make recommendations for the development of the dual system in Bulgaria in terms of increasing the participation of SMEs and taking into account the regional specificities of the educational structure of the population and youth unemployment. Financial incentives, a large-scale information campaign and visibility of participating enterprises are some of the important factors to encourage SMEs to become partners in the dual system. In order to ensure a wider participation of enter¬prises, it is important to gradually increase financial incentives (through support in the form of grants, tax relief, etc.). The existing differences between regions in Bulgaria suggest that a more substantial incentive for SMEs to become partners in dual training could be achieved by applying a regional criterion. When planning measures for the development of the dual training system in Bulgaria, efforts should be made to cover more persons at risk of dropping out of the education system and persons who will not enter higher education.

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  MEASURING THE IMPACT OF FISCAL POLICY ON THE ECONOMIC GROWTH OF ARMENIA

  The key objective of macroeconomic regulation is to achieve sustainable economic growth and development in the long term. At the same time, within developing economies, the task of ensuring sustainable economic growth in the long term faces the failure of institutions, and as a result, the ineffectiveness of the main mechanisms of macroeconomic ... The key objective of macroeconomic regulation is to achieve sustainable economic growth and development in the long term. At the same time, within developing economies, the task of ensuring sustainable economic growth in the long term faces the failure of institutions, and as a result, the ineffectiveness of the main mechanisms of macroeconomic regulation, especially those that have a long-term and ambiguous impact on the economy. The purpose of the study was to assess the impact of fiscal policy on economic growth, as well as to find fundamental common ground for increasing the impact of basic instruments on economic activity by improving transmission mechanisms. The methodological basis of the study was a review of theoretical and practical models of the fiscal regulation impact on economic growth, known in the scientific literature, as well as approbation of the most optimal ones considered using the example of the Armenian economy. The result of the study was the conclusion that in the current format, the fiscal policy of Armenia does not have the proper positive impact on the rate of economic growth, and therefore requires a fundamental revision and the need to develop an appropriate strategy aimed at ensuring sustainable economic growth in the long term.

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  CONVERGENT ECONOMY – A CRITICAL REVIEW OF BULGARIA’S INTEGRATION IN THE EU

  This article was written on the occasion of the presentation of the book Converging Economy by Prof. Garabed Minasyan, DSc, which was organized by the Union of Economists in Bulgaria with the courtesy of the Prof. Minko Rusenov, PhD Foundation. During the discussions, economists from various universities and scientific institutions presented ... This article was written on the occasion of the presentation of the book Converging Economy by Prof. Garabed Minasyan, DSc, which was organized by the Union of Economists in Bulgaria with the courtesy of the Prof. Minko Rusenov, PhD Foundation. During the discussions, economists from various universities and scientific institutions presented their views on the role of economic convergence in the modern development of Bulgaria.